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1543 Lokoya Drive

1543 Lokoya Drive, Chula Vista, CA 91913
Property in Otay Ranch
Sold Nov 17, 2003
$465,000
$528,000 by Countrywide Home Loans Inc
Mortgage Due Jan 01, 2037
Local assessors in Chula Vista, CA have categorized 1543 Lokoya Drive as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 5,555 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1543 Lokoya Drive has a total of 2,407 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1543 Lokoya Drive was last sold in Nov 7, 2003 for $465,000. According to our calculations, that's $193.19 per sqft. Current property owners are expected to pay $11,222 in taxes per year. The property on 1543 Lokoya Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $635,315. To break that down further, the land itself was valued at $240,514. While improvements to the property were assessed at a total of $394,801. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,555
  • Total Building Area: 2,407
  • Building Area: 2,407
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,407
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHULA VISTA TERRACE
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 59 TR 014524

Ownership

  • Current Owner : PARK SOON W
  • Current Owner 2: KIM YOUNG E
  • Previous Owner : OTAY RANCH SEVEN LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Sweetwater Union High School District
  • School Tax School District: CHULA VISTA CTY
  • Census Tract: 013318

Zoning

  • Zoning: PC11SF4

Geography

  • Assessors Map Reference: 014524
  • Subdivision Tract Number: 014524
  • Parcel: 643-570-59-00
  • Lot: 59
  • Municipality: CITY OF CHULA VISTA
  • Latitude: 32.622
  • Longitude: -116.981

    Address

  • Full Address: 1543 Lokoya Dr
  • Address - House Number: 1543
  • Address - Street Name: Lokoya
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Chula Vista
  • Carrier Code: R022
  • 4-Digit Zip Code: 2902
  • Zip Code: 91913

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,222
  • Tax Rate Code Area: 01-265

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 1,031,844
  • High Value: 1,229,115
  • Low Value: 834,573

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $660,000
  • First Open Lien Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 04, 2007
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $528,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037
  • Second Open Lien Mortgage Lender: COUNTRYWIDE BANK NA
  • Second Open Lien Mortgage Recording Date: Jan 29, 2007
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $132,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,315
  • Assessed Land Value: $240,514
  • Assessed Improvements Value: $394,801

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 07, 2003
  • Current Sale Recording Date: Nov 17, 2003
  • Current Sale Transaction ID: 1043538801
  • Current Sale Price: $465,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2003-1379587

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • First Mortgage Transaction Date: Nov 17, 2003
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Dec 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Otay Ranch



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Frequently Asked Questions

What neighborhood is 1543 Lokoya Drive located in?
The 1543 Lokoya Drive is a located in the neighborhood of Otay Ranch in Otay Ranch, Chula Vista.
What is the average sales price for listings in 1543 Lokoya Drive?
The average sales price for units in 1543 Lokoya Drive is $0 currently.

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